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Upturn AI SWOT - About
NI Holdings Inc (NODK)
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Upturn Advisory Summary
01/15/2025: NODK (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -14.74% | Avg. Invested days 50 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 01/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 294.92M USD | Price to earnings Ratio 46 | 1Y Target Price - |
Price to earnings Ratio 46 | 1Y Target Price - | ||
Volume (30-day avg) 18918 | Beta 0.34 | 52 Weeks Range 13.47 - 17.24 | Updated Date 04/1/2025 |
52 Weeks Range 13.47 - 17.24 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.31 |
Earnings Date
Report Date 2025-03-13 | When Before Market | Estimate - | Actual 0.4715 |
Profitability
Profit Margin -1.86% | Operating Margin (TTM) 22.28% |
Management Effectiveness
Return on Assets (TTM) 1.35% | Return on Equity (TTM) 2.67% |
Valuation
Trailing PE 46 | Forward PE - | Enterprise Value 245333146 | Price to Sales(TTM) 0.91 |
Enterprise Value 245333146 | Price to Sales(TTM) 0.91 | ||
Enterprise Value to Revenue 0.75 | Enterprise Value to EBITDA - | Shares Outstanding 20681500 | Shares Floating 5415256 |
Shares Outstanding 20681500 | Shares Floating 5415256 | ||
Percent Insiders 67.8 | Percent Institutions 26.35 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
NI Holdings Inc
Company Overview
History and Background
NI Holdings, Inc., was founded in 1994 and is headquartered in Overland Park, Kansas. It operates as the holding company for National Indemnity Company and provides personal lines insurance, primarily auto and homeowners insurance. The company has grown through strategic acquisitions and organic expansion.
Core Business Areas
- Personal Lines Insurance: Provides auto, homeowners, and other personal lines insurance products.
Leadership and Structure
The leadership team is headed by Michael J. Moran (Chief Executive Officer). The organizational structure consists of various departments managing underwriting, claims, actuarial, and investment functions.
Top Products and Market Share
Key Offerings
- Auto Insurance: Auto insurance policies constitute a significant portion of NI Holdings' revenue. Market share data is fragmented but estimates place NI Holdings within the top 20 auto insurers in the US. Competitors include State Farm, GEICO, Progressive, and Allstate.
- Homeowners Insurance: Homeowners insurance provides another important revenue stream. Similar to auto insurance, market share is dispersed, with larger national players holding more dominant positions. Competitors include State Farm, Allstate, Liberty Mutual, and Travelers.
Market Dynamics
Industry Overview
The US personal lines insurance industry is highly competitive and heavily regulated. Trends include increasing adoption of technology, data analytics, and personalized insurance offerings.
Positioning
NI Holdings positions itself as a regional player focused on providing affordable personal lines insurance, primarily in the Midwest. Its competitive advantage lies in its local expertise and customer service.
Total Addressable Market (TAM)
The total addressable market for US personal lines insurance exceeds $300 billion annually. NI Holdings, with its regional focus and smaller market share, captures a fraction of this TAM but has potential for growth.
Upturn SWOT Analysis
Strengths
- Regional focus
- Strong customer service
- Affordable pricing
- Experienced management team
Weaknesses
- Limited geographic reach
- Lower brand recognition compared to national players
- Less investment in technology compared to larger competitors
- Reliance on a limited product line
Opportunities
- Expansion into new geographic markets
- Development of new insurance products
- Increased use of technology to improve efficiency and customer experience
- Partnerships with other insurance companies or financial institutions
Threats
- Increased competition from national insurance companies
- Changes in regulatory requirements
- Economic downturns that reduce demand for insurance
- Catastrophic events that lead to large insurance claims
Competitors and Market Share
Key Competitors
- STFC
- GEICO (BRK.A)
- PGR
- ALL
Competitive Landscape
NI Holdings faces stiff competition from larger, national players with greater brand recognition, resources, and technology. Its advantages lie in regional expertise and personalized customer service, but its limited geographic reach and product offerings are disadvantages.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Requires analyzing historical financial performance and market share data. This involves identifying trends in revenue growth, profitability, and customer acquisition.
Future Projections: Future growth projections are based on analyst estimates, industry trends, and the company's strategic plans. These projections are not publicly available without a paid subscription.
Recent Initiatives: Requires monitoring company press releases, investor presentations, and news articles to identify recent strategic initiatives.
Summary
NI Holdings, as a regional player in personal lines insurance, demonstrates a strong understanding of its local market, offering affordable options and dedicated customer service. Its limited scale and technological investment, however, presents challenges amidst competition with larger national insurers. To thrive, NI Holdings needs to focus on strategic expansion and leveraging technology to improve efficiency. Competition will intensify, demanding agility and adaptability.
Similar Companies
ALL
The Allstate Corporation
ALL
The Allstate Corporation
PGR
Progressive Corp
PGR
Progressive Corp
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Financial News Outlets
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It is not financial advice, and readers should consult with a qualified financial advisor before making any investment decisions. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About NI Holdings Inc
Exchange NASDAQ | Headquaters Fargo, ND, United States | ||
IPO Launch date 2017-03-16 | President, CEO & Director Mr. Seth Christopher Daggett C.P.A. | ||
Sector Financial Services | Industry Insurance - Property & Casualty | Full time employees 202 | Website https://www.niholdingsinc.com |
Full time employees 202 | Website https://www.niholdingsinc.com | ||
NI Holdings, Inc., together with its subsidiaries, underwrites property and casualty insurance products in the United States. Its products include private passenger auto, homeowners, farm owners, commercial multi-peril, crop hail, and federal multi-peril crop insurance policies, as well as non-standard automobile insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota. NI Holdings, Inc. operates as a subsidiary of Nodak Mutual Group, Inc.
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